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IMPORTANT!
Below is the Alabama License Law categories and the corresponding amount of questions for each that will be on the state exam.
State Salesperson Portion – (Number of Questions)
1. Purpose of License Law/Rules and Regulations and Role of Commission (1)
2. Licensing Requirements (7)
3. License Status (2)
4. Broker Licenses, Company Licenses and Place of Business (5)
5. Recovery Fund (2)
6. Disciplinary Actions and Process (2)
7. Estimated Closing Statement (1)
8. Trust Funds (2)
9. RECAD (3)
10. Violations which may result in disciplinary actions (15) |
